If you’re buying a property, your lawyer will: Help you - TopicsExpress



          

If you’re buying a property, your lawyer will: Help you understand the purchase contract, including how you will take title to the property. Identify any title defects and determine course of action to clear any title defects. Review covenants, easements, liens, etc. recorded against the property. Prepare and record all necessary legal documents. Clarify the terms of the mortgage and work with your bank, if necessary, to modify them. Scrutinize the adjustments, including taxes owed and paid, prior to the transaction closing. Attend the closing and review all the papers you will be required to sign. Arrange title insurance protection to protect you from losses due to title defects. Ensure that you receive a valid recorded deed subject only to the encumbrances you have accepted.
Posted on: Tue, 28 Oct 2014 15:20:00 +0000

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